WBTN Q2 2023 Earnings — WEBTOON Entertainment Inc. Common stock Revenue & Financial Results | Market Cap Arena

WBTNWEBTOON Entertainment Inc. Common stock

$1B

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$321M+11.0% YoY

Gross Profit

$81M25.3% margin

Operating Income

-$5M-1.7% margin

Net Income

-$20M-6.3% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$21M

Stock-Based Comp.

$768,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$321M	$289M	+11.0%
Gross Profit	$81M	$101M	-19.5%
Operating Income	-$5M	-$1M	-388.9%
Net Income	-$20M	-$1M	-1302.0%